Can I retire at age 40 with 2,690,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$222,138$220,159$218,229$216,344$214,504$208,726
2 years$109,969$107,921$105,936$104,012$102,145$96,365
3 years$72,585$70,528$68,548$66,641$64,805$59,204
4 years$53,896$51,845$49,885$48,011$46,219$40,840
5 years$42,686$40,647$38,713$36,877$35,135$29,993
6 years$35,215$33,192$31,286$29,491$27,801$22,901
7 years$29,880$27,874$25,999$24,246$22,610$17,951
8 years$25,881$23,893$22,049$20,340$18,757$14,338
9 years$22,773$20,803$18,991$17,325$15,796$11,613
10 years$20,287$18,337$16,557$14,934$13,459$9,506
11 years$18,255$16,325$14,576$12,997$11,575$7,846
12 years$16,562$14,652$12,936$11,400$10,031$6,519
13 years$15,132$13,241$11,557$10,065$8,747$5,445
14 years$13,906$12,036$10,384$8,934$7,668$4,568
15 years$12,845$10,995$9,376$7,968$6,751$3,845
16 years$11,918$10,088$8,500$7,134$5,967$3,246
17 years$11,100$9,290$7,735$6,410$5,291$2,748
18 years$10,374$8,585$7,061$5,777$4,704$2,330
19 years$9,726$7,956$6,464$5,220$4,193$1,979
20 years$9,142$7,393$5,932$4,728$3,745$1,684
21 years$8,616$6,887$5,457$4,291$3,352$1,434
22 years$8,137$6,428$5,029$3,901$3,004$1,223
23 years$7,701$6,012$4,644$3,553$2,697$1,044
24 years$7,302$5,633$4,295$3,240$2,424$891
25 years$6,935$5,286$3,978$2,959$2,181$761
26 years$6,597$4,968$3,689$2,706$1,965$651
27 years$6,285$4,676$3,426$2,477$1,771$557
28 years$5,995$4,406$3,185$2,269$1,598$476
29 years$5,726$4,157$2,963$2,081$1,443$408
30 years$5,476$3,925$2,760$1,910$1,304$349
31 years$5,242$3,711$2,573$1,754$1,179$299
32 years$5,023$3,511$2,401$1,612$1,066$256
33 years$4,817$3,325$2,242$1,482$965$219
34 years$4,625$3,152$2,095$1,364$874$188
35 years$4,443$2,989$1,958$1,256$791$161
36 years$4,272$2,837$1,832$1,156$717$138
37 years$4,111$2,695$1,715$1,065$650$118
38 years$3,959$2,561$1,606$982$589$101
39 years$3,814$2,435$1,504$905$534$87
40 years$3,678$2,317$1,410$835$485$75
41 years$3,548$2,205$1,322$771$440$64
42 years$3,425$2,100$1,240$711$399$55
43 years$3,308$2,001$1,164$656$362$47
44 years$3,196$1,908$1,092$606$329$40
45 years$3,090$1,819$1,026$560$298$35
46 years$2,989$1,735$963$517$271$30
47 years$2,892$1,656$905$478$246$25
48 years$2,799$1,581$851$441$223$22
49 years$2,711$1,510$799$408$203$19
50 years$2,626$1,442$752$377$184$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,690,000, adding $3,810 every year, while hoping to spend $44,652 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 29/49/22 Blend
39$2,690,000$2,690,000$2,690,000$2,690,000
40$2,968,310$2,825,740$2,784,045$3,033,840
41$3,223,568$2,916,692$2,829,801$3,175,705
42$3,503,366$3,010,604$2,875,594$3,323,897
43$3,810,160$3,107,574$2,921,376$3,482,290
44$4,146,654$3,207,703$2,967,101$3,651,787
45$4,515,829$3,311,096$3,012,714$3,833,385
46$4,920,965$3,417,861$3,058,161$4,028,173
47$5,365,677$3,528,110$3,103,384$4,237,352
48$5,853,947$3,641,959$3,148,318$4,462,239
49$6,390,162$3,759,527$3,192,898$4,704,283
50$6,979,152$3,880,937$3,237,054$4,965,076
51$7,626,241$4,006,319$3,280,711$5,246,366
52$8,337,292$4,135,803$3,323,790$5,550,080
53$9,118,766$4,269,527$3,366,206$5,878,331
54$9,977,778$4,407,632$3,407,873$6,233,448
55$10,922,170$4,550,265$3,448,695$6,617,989
56$11,960,580$4,697,576$3,488,575$7,034,772
57$13,102,524$4,849,723$3,527,407$7,486,894
58$14,358,489$5,006,867$3,565,083$7,977,765
59$15,740,027$5,169,175$3,601,485$8,511,136
60$17,259,866$5,336,821$3,636,491$9,091,137
61$18,932,031$5,509,984$3,669,972$9,722,312
62$20,771,974$5,688,849$3,701,792$10,409,664
63$22,796,721$5,873,608$3,731,808$11,158,700
64$25,025,031$6,064,459$3,759,868$11,975,484
65$27,477,575$6,261,608$3,785,814$12,866,690
66$30,177,128$6,465,267$3,809,479$13,839,669
67$33,148,786$6,675,656$3,830,687$14,902,513
68$36,420,201$6,893,002$3,849,254$16,064,136
69$40,021,842$7,117,541$3,864,986$17,334,351
70$43,987,285$7,349,515$3,877,678$18,723,968
71$48,353,525$7,589,178$3,887,116$20,244,890
72$53,161,326$7,836,789$3,893,076$21,910,228
73$58,455,609$8,092,619$3,895,322$23,734,423
74$64,285,871$8,356,948$3,893,605$25,733,382
75$70,706,655$8,630,064$3,887,666$27,924,624
76$77,778,064$8,912,266$3,877,233$30,327,449
77$85,566,325$9,203,866$3,862,019$32,963,118
78$94,144,418$9,505,183$3,841,724$35,855,049
79$103,592,761$9,816,551$3,816,035$39,029,043
80$113,999,973$10,138,311$3,784,622$42,513,522
81$125,463,704$10,470,822$3,747,141$46,339,799
82$138,091,561$10,814,452$3,703,229$50,542,370
83$152,002,122$11,169,582$3,652,509$55,159,240
84$167,326,055$11,536,608$3,594,585$60,232,283
85$184,207,350$11,915,939$3,529,041$65,807,631
86$202,804,679$12,308,000$3,455,443$71,936,112
87$223,292,894$12,713,229$3,373,338$78,673,727
88$245,864,673$13,132,082$3,282,249$86,082,180
89$270,732,345$13,565,029$3,181,680$94,229,456
90$298,129,889$14,012,560$3,071,110$103,190,462
91$328,315,141$14,475,179$2,949,996$113,047,735
92$361,572,233$14,953,410$2,817,769$123,892,218
93$398,214,271$15,447,797$2,673,834$135,824,117
94$438,586,288$15,958,901$2,517,569$148,953,847
95$483,068,508$16,487,305$2,348,326$163,403,071
96$532,079,926$17,033,614$2,165,426$179,305,849
97$586,082,270$17,598,452$1,968,158$196,809,900
98$645,584,353$18,182,468$1,755,784$216,077,996
99$711,146,883$18,786,334$1,527,528$237,289,499
100$783,387,747$19,410,747$1,282,582$260,642,047